The Goldmine

"These days, the labor market is even more unusually dynamic than typical. It is not an exaggeration to suggest it is in the midst of a radical transformation." - Barry RitholtzFor more visit:The Big PictureFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/

"You probably have not realized we are in a golden age of innovation for investors and financial transactions. All of these little changes over 50 years are hardly noticeable. But your grandfather at 25-years old would not recognize what a bank is today; he probably would not understand your brokerage account or portfolio. It is so futuristic as to be nearly alien." - Barry RitholtzFor more visit:The Big PictureFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/

"A one-sided market leads people to engage in increasingly risky behavior (rather than throttling back). This is what I call theearthquake insurance problem: After a big temblor, earthquake insurance sales spike — just as the odds of another quake go down precipitously." - Barry RitholtzFor more visit:The Big PictureFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/

"A snapshot of the economy at any given moment reveals billions of transactions, each with endless decisions behind them. Try as you will, it is all but impossible to find that one crucial decision that led to an epic crash or systemic failure." - Barry RitholtzFor more visit:The Big PictureFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/

"There are plenty ofworst-casescenariosto consider if that is your preferred poison. Evolution hasprimed your brain to identify possible threatsto your survival, hence our focus on the negative. But suppress that inherent bias for a few moments to try a simple thought experiment of inversion." - Barry RitholtzFor more visit:The Big PictureFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/

"The good thing is no one has life completely figured out. There are workaholics who have miserable personal lives. There are people with great social lives who hate their job. People who take too much risk put themselves in the position to lose it all someday. People who don’t take enough risk are missing out on the joys of compounding." -Ben CarlsonFor more visit:A Wealth of Common SenseFor disclosure information please visit:https://ritholtzwealth.com/blog-disclosures/